16, WELTON CLOSE, SUTTON COLDFIELD, B76 2RG - £279,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 WELTON CLOSE is a midsized detached house of 123m², built sometime between 1991 and 1995, which could now be worth an estimated £478,973. It was last sold for £279,950 in March 2014, which was around 11% above the average March 2014 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

16 WELTON CLOSE Sold Prices

Land registry data shows three sales for 16 WELTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the three 16 WELTON CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 31 MAR	£279,950	£252,970	11% above HPI
2002 4 JUL	£189,000	£165,621	14% above HPI
1995 24 FEB	£99,950	£86,660	15% above HPI

16 WELTON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The three 16 WELTON CLOSE sales between February 1995 and March 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2002 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2014 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 16 WELTON CLOSE be worth now?

16 WELTON CLOSE might now be worth an estimated £478,973.

This is based on house price inflation of 71.1%, between March 2014 and December 2024, for detached houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 71.1% inflationary increase is applied to the most recent sale price for 16 WELTON CLOSE of £279,950 on 31st March 2014. For the value to have increased from £279,950 to £478,973 over the nine years and three months to December 2024, the following assumptions must hold true:

• The value of 16 WELTON CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The March 2014 sale price of £279,950 represented a fair market value for the property.
• The size, condition, and specification of 16 WELTON CLOSE has not materially changed since March 2014.

How Large is 16 WELTON CLOSE?

16 WELTON CLOSE is 123m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 50% of detached houses houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Sutton Coldfield, and where 16 WELTON CLOSE lies on this distribution: 45% of detached houses houses are smaller than 16 WELTON CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

16 WELTON CLOSE: Plot and Title Map

16 WELTON CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 16 WELTON CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 WELTON CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 16 WELTON CLOSE?

16 WELTON CLOSE is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 16 on WELTON CLOSE.